Businessman Frank McCourt, owner of the Olympique de Marseille football club and former owner of the LA Dodgers, said on Wednesday that his organisation Project Liberty is putting together a consortium to bid for TikTok’s US business. McCourt, who is organising the bid in consultation with investment bank Guggenheim Securities, is one of a number of investors hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the platform or face a ban. US lawmakers passed the bill over concerns that China could access sensitive American data through the app. If …